Laura Higginbotham's Blog

  When can a homeowner obtain financing to buy again after a SHORT SALE, FORECLOSURE or BANKRUPTCY? Here is the latest information on expected wait times (including recent changes): SHORT SALE   Conventional or Fannie Mae Loan:  2 yrs w/ 80% LTV (20% down payment)                                 ...

Can it be?  I can short sell my current home and qualify to buy a new home right away? The answer is possibly YES! Recently I helped a client sell his large custom home (with a mortgage that was WAY under water) and downsize into a more modest home (a nice brand NEW DR Horton home). How?.....a s...

4 Bedroom Red Mountain Ranch Custom Home in Mesa, Arizona 85215   6610 E Vanguard St Mesa, AZ 85215 $ Bedroom Red Mountain Ranch Custom Home Home   Photo Gallery   Virtual Tour   Property Map   Payment Info   Request Showing   Contact Me   Laura Higginbotham Real Estate Broker Mobile: 480-570-680...

New statistics just out report that Phoenix, Arizona area home sales in MARCH hit 9926. That is a 66 month record and a 38% increase from Februaury closings.  Might one of the worst hit areas in the housing crisis finally be recovering? I sure feel it. I took several buyers out in February and M...

  Ever thought about expanding your asset portfolio and buying a rental home? Well now may be the best time to take the plunge: 1. For those wishing to finance the purchase, interest rates are hovering right around 5 % and probably will stay that way all Spring. 2. Prices are at the lowest level...

4 Bedroom At the Legends In Ocotillo Arizona   1791 W WISTERIA DR Chandler, AZ 85248 4 bedroom at the Legends in Ocotillo Arizona Home   Photo Gallery   Virtual Tour   Property Map   Payment Info   Request Showing   Contact Me   Laura Higginbotham Real Estate Agent Mobile: 480-570-6800 Fax: 480-3...

4 Bedroom Las Sendas in Mesa Arizona 85207   7527 E Odessa CIR Mesa, AZ 85207 4 bedroom at Las Sendas in Mesa Arizona Home   Photo Gallery   Virtual Tour   Property Map   Payment Info   Request Showing   Contact Me   Laura Higginbotham Real Estate Agent Mobile: 480-570-6800 Fax: 480-371-1168 Webs...

  Homebuyers and Homeowners alike use the internet to search, value and try to make sense of the Real Estate market. But, users beware, the oh-so-popular Zillow is NOT what its cracked up to be.....if fact it's pretty close to completely useless information. Here's why: Accuracy.  Zillow has bee...

It is a curious thing why a bank would rather foreclose on a home than modify the borrower's loan. Well, not so curious if you understand the bank's position i.e. their stake in the game. One thing to remember is just because the borrower receives a statement form Wells Fargo or B of A doesn't me...

  You may have heard major banks have suspended foreclosure proceedings to investigate possible problems with documentation. You may have even heard rumors of a federal foreclosure moratorium. This part is just a rumor as the federal government does not have the right to stop all foreclosure pro...